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LQAIvsPHEQETF Comparison

ETF 1

LQAI

LG QRAFT AI-Powered U.S. Large Cap Core ETF

This fund is part of

US Large Cap

-1.18%

Full LQAI fund page

VS

ETF 2

PHEQ

Parametric Hedged Equity ETF

This fund is part of

Options Strategies

-0.69%

Full PHEQ fund page

LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) belongs to the US Large Cap segment. Parametric Hedged Equity ETF (PHEQ) is part of the Options Strategies segment. LQAI's top 3 sector exposures are Information Technology, Consumer Discretionary and Communication Services. In contrast, PHEQ's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. LQAI is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.29% for PHEQ. LQAI is up 20.9% year-to-date (YTD) with -$1M in YTD flows. PHEQ performs worse with 4.83% YTD performance, and -$10M in YTD flows. Run a side-by-side ETF comparison of LQAI and PHEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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LQAI vs PHEQ performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	LQAI PHEQ	+7.10%-0.15%	+20.22%+5.74%	+20.90%+4.83%	+39.61%+14.86%	n/an/a	n/an/a
Flows	LQAI PHEQ	--$2M	-+$2M	-$1M-$10M	-$5M+$24M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	LQAI PHEQ	+22.02%+7.73%	+16.86%+6.58%	n/an/a	n/an/a
Max drawdown	LQAI PHEQ	-5.92%-2.27%	-9.90%-3.96%	n/an/a	n/an/a
Max drawdown duration	LQAI PHEQ	10d16d	168d86d	n/an/a	n/an/a

Trading data

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	LQAI	PHEQ
Last sale 6/18/2026 at 1:30 PM	$47.81	$34.43
Previous close 06/17/2026	$46.64	$34.13
Consolidated volume 06/17/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 6/18/2026 at 1:30 PM

Live

Closed

	LQAI	PHEQ
Last price	$47.81	$34.43
1D performance	+2.50%	+0.88%
AuM	$2.35 M	$134.66 M
E/R	0.75%	0.29%

Characteristics

	LQAI	PHEQ
Management strategy	Active	Active
Provider	Qraft AI ETFs	Morgan Stanley
Benchmark	-	-
N° of holdings	90	169
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	November 7, 2023	October 19, 2023
ESG	No	No

More LQAI data on Trackinsight

More PHEQ data on Trackinsight

Exposure

Countries

LQAI

USA

89.06%

Other

10.94%

PHEQ

USA

93.33%

Other

6.67%

Sectors

LQAI

Information Techn.

32.25%

Consumer Discreti.

13.82%

Communication Ser.

9.79%

Financials

7.09%

Other

37.05%

PHEQ

Information Techn.

34.35%

Communication Ser.

11.51%

Consumer Discreti.

10.04%

Financials

9.03%

Health Care

7.82%

Industrials

7.79%

Other

19.46%

Diversification

LQAI

Total weight of top 15 holdings out of 15

47.94%

PHEQ

Total weight of top 15 holdings out of 15

45.03%

Top 15 holdings

Data as of April 30, 2026

LQAI

NVIDIA

6.43%

MICRON TECHNOLOGY

5.95%

TESLA

5.78%

MICROSOFT-T

3.51%

AMAZON.COM INC

3.17%

META PLATFORMS

2.85%

BROADCOM LIMITED

2.82%

APPLE

2.58%

SOFI TECHNOLOGIES INC

2.37%

FORD MOTOR

2.21%

US49177J1025

2.20%

ALPHABET INC-CL

2.18%

KINDER MORGAN

1.98%

WARNER BROS. DISCOVERY

1.97%

HUNTINGTON BANCSHARES

1.94%

PHEQ

NVIDIA

8.44%

APPLE

6.74%

MICROSOFT-T

5.24%

AMAZON.COM INC

4.31%

ALPHABET INC-CL

3.54%

ALPHABET INC-CL

3.07%

META PLATFORMS

2.48%

TESLA

1.83%

JPMORGAN CHASE

1.66%

EXXON

1.51%

LILLY

1.43%

JOHNSON&JOHNSON

1.34%

BERKSHIRE HATHWAY

1.31%

VISA INCORPORATION

1.09%

CISCO-T

1.04%

Frequently asked questions about LQAI and PHEQ

How have the LQAI and PHEQ ETFs performed in 2026?

As of June 16, 2026, LQAI is up 20.9% year-to-date (YTD), while PHEQ has returned 4.83%. That puts LQAI better performer ahead so far this year.

Which ETF is attracting more investor money: LQAI or PHEQ?

Year-to-date, the LQAI ETF saw -$1M in flows, compared to -$10M for PHEQ.

Which ETF is more volatile: LQAI or PHEQ?

Over the past year, LQAI had a volatility of 16.86%, while PHEQ experienced 6.58%.

Which ETF is bigger: LQAI or PHEQ?

As of June 16, 2026, LQAI holds $2.35 M in assets under management (AUM), while PHEQ manages $134.66 M.

What sectors do the LQAI and PHEQ ETFs invest in?

LQAI leans toward sectors like Information Technology, Consumer Discretionary and Communication Services. Meanwhile, PHEQ focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the LQAI ETF and PHEQ ETF?

LQAI top holdings include NVIDIA, MICRON TECHNOLOGY and TESLA. PHEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: LQAI or PHEQ?

LQAI holds 93 securities with 47.94% of its assets in the top 15. PHEQ has 177 securities and a top 15 weight of 45.03%.

Parametric's Innovation Continues Under New Leadership from Morgan Stanley with Launch of PHEQ and PAPI

November 16, 2023

PHEQ

LQAIvsPHEQETF Comparison

LG QRAFT AI-Powered U.S. Large Cap Core ETF

Parametric Hedged Equity ETF

LQAI vs PHEQ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the LQAI and PHEQ ETFs performed in 2026?

As of June 16, 2026, LQAI is up 20.9% year-to-date (YTD), while PHEQ has returned 4.83%. That puts LQAI better performer ahead so far this year.

Which ETF is attracting more investor money: LQAI or PHEQ?

Year-to-date, the LQAI ETF saw -$1M in flows, compared to -$10M for PHEQ.

Which ETF is more volatile: LQAI or PHEQ?

Over the past year, LQAI had a volatility of 16.86%, while PHEQ experienced 6.58%.

Which ETF is bigger: LQAI or PHEQ?

As of June 16, 2026, LQAI holds $2.35 M in assets under management (AUM), while PHEQ manages $134.66 M.

What sectors do the LQAI and PHEQ ETFs invest in?

LQAI leans toward sectors like Information Technology, Consumer Discretionary and Communication Services. Meanwhile, PHEQ focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the LQAI ETF and PHEQ ETF?

LQAI top holdings include NVIDIA, MICRON TECHNOLOGY and TESLA. PHEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: LQAI or PHEQ?

LQAI holds 93 securities with 47.94% of its assets in the top 15. PHEQ has 177 securities and a top 15 weight of 45.03%.

Parametric's Innovation Continues Under New Leadership from Morgan Stanley with Launch of PHEQ and PAPI

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